{"id":38218,"date":"2021-03-02T16:56:10","date_gmt":"2021-03-02T14:56:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38218"},"modified":"2025-08-30T03:32:36","modified_gmt":"2025-08-30T00:32:36","slug":"british-crypto-processing-firm-raises-4-5-million-in-funding","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/british-crypto-processing-firm-raises-4-5-million-in-funding\/","title":{"rendered":"British crypto-processing firm raises $4.5 million in funding"},"content":{"rendered":"<p>Based in London, crypto-processing BCB Group has attracted $4.5 million from several major investors. The funds will be used to expand the startup\u2019s range of services.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">NEWS: Today we\u2019re thrilled to announce that we have closed a strategic funding round co-led by <a href=\"https:\/\/twitter.com\/NorthIslandVC?ref_src=twsrc%5Etfw\">@NorthIslandVC<\/a> and <a href=\"https:\/\/twitter.com\/blockchain?ref_src=twsrc%5Etfw\">@blockchain<\/a> Ventures, with participation from <a href=\"https:\/\/twitter.com\/PanteraCapital?ref_src=twsrc%5Etfw\">@PanteraCapital<\/a>, L1 Digital and Pack Capital<\/p>\n<p>Find out more: <a href=\"https:\/\/t.co\/DavpRwZdDD\">https:\/\/t.co\/DavpRwZdDD<\/a> <a href=\"https:\/\/t.co\/c5qlGvVDIv\">pic.twitter.com\/c5qlGvVDIv<\/a><\/p>\n<p>\u2014 BCB Group (@BCBcrypto) <a href=\"https:\/\/twitter.com\/BCBcrypto\/status\/1366684846978965505?ref_src=twsrc%5Etfw\">March 2, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>The funding round was led by investment firm North Island Ventures and the wallet provider Blockchain.com. Pantera Capital, L1 Digital and Pack Capital also participated.<\/p>\n<blockquote>\n<p>&#8220;We want to obtain more regulatory licenses in the United Kingdom, the European Union and Switzerland. This is expensive,&#8221; said BCB Group CEO Oliver von Landsberg-Sedi in a comment to CoinDesk.<\/p>\n<\/blockquote>\n<p>The head of the startup spoke of plans to raise an additional $10\u201315 million by the end of 2021. At present, the total funding for BCB Group stands at $5.5 million.<\/p>\n<p>According to the press release, over the past 12 months the company\u2019s revenue grew by a factor of 19. In 2020 the startup processed payments and deals worth more than $4 billion.<\/p>\n<p>In February, BCB Group <a href=\"https:\/\/u1f987.com\/en\/news\/british-crypto-processing-firm-to-help-companies-invest-in-bitcoin\">introduced<\/a> the new service BCB Treasury, which will give clients access to Bitcoin and other digital assets. With it, corporations will be able to trade, manage and store cryptocurrency as part of their strategy.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Based in London, crypto-processing BCB Group attracted $4.5 million from several major investors. The funds will be used to expand the startup\u2019s range of services.<\/p>\n","protected":false},"author":1,"featured_media":38219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1296,1133],"class_list":["post-38218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-pantera-capital","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38218"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38218\/revisions"}],"predecessor-version":[{"id":38220,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38218\/revisions\/38220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38219"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}